Arthur J. Lynch is a partner in the Tax Department. Artie practices tax and insurance law, including matters relating to the convergence of the insurance and capital markets (such as insurance-linked funds, catastrophe bonds and sidecar investments), public and private offerings of securities of offshore insurance companies, U.S. and cross-border reorganizations, the formation of captive insurers, the structuring of alternative risk financing arrangements, the structuring of international insurance and reinsurance operations of global insurers and the use of capital market and hedge fund strategies by insurers. He has represented insurance and reinsurance groups, private equity and hedge funds and underwriters in such transactions. Artie has been recognized in The Best Lawyers in America for excellence in Insurance Law.
Convergence of Insurance and Capital Markets
Artie represents insurance and reinsurance groups, asset managers, banks and insurance-linked funds in the formation of, and additional capital raising by, funds that offer insurance-linked investments, including collateralized reinsurance, catastrophe bonds, sidecar investments, industry loss warranties, weather derivatives and other insurance-flavored investments. Artie also represents a significant number of insurance and reinsurance groups, investors and underwriters in the structuring of catastrophe bond programs and sidecar vehicles. On the life insurance side, Artie helped structure extreme mortality bonds, excess reserve (xxx and Axxx) and embedded value securitizations and the first-ever health insurance-linked securities offering.
Capital Markets and Mergers and Acquisitions
Artie represents issuers and underwriters in capital markets transactions, including IPOs in the offshore insurance sector, secondary offerings by more seasoned companies and debt offerings by U.S. and non-U.S. issuers. Artie also has significant experience advising investors and underwriters in the formation and private financing of start-up insurance and reinsurance groups.
Artie provides advice to many clients with respect to the application of the cross-border reorganization and anti-inversion rules, particularly in the context of the Bermuda reinsurance marketplace. Artie also advises on the structuring of the ongoing globalized operations post-reorganization.
Other Insurance Matters
Artie advises on the creation of single parent and group captive insurance programs. This advice includes choice of domicile, structuring ownership and the insurance or reinsurance program and providing guidance on situs and scope of operations.
Artie also provides guidance on the formation of life settlement funds and has significant experience analyzing structured financial products that have insurance-like characteristics, such as credit default swaps. Artie also has analyzed tailored reinsurance transactions, including longevity reinsurance and finite reinsurance.